Due to the cryptocurrency market volatility, many investors have suffered from declining price action, and they are now wondering which cryptocurrencies can deliver better in the long term. A look into Flasko (FLSK), Zcash (ZEC), and Kucoin tokens (KCS).
Zcash (ZEC) – remains in a bearish place for now
Zcash (ZEC), a decentralized cryptocurrency, was developed in 2016 by computer security expert Zooko Wilcox-0’Hearn. The Zcash (ZEC) token prioritizes privacy and offers coins in a secure or transparent pool.
Zcash (ZEC) offers the option of selective disclosure to private transaction parties, enabling users to show proof of payment for auditing requirements. Remote users can avoid paying taxes and abiding by anti-money laundering regulations by using Zcash (ZEC).
Investors have flocked to the cryptocurrency Zcash (ZEC) ever since it recently announced that it was switching to the proof-of-stake protocol. The modification will reduce the miner’s advantage when conducting transactions. We think Zcash will experience better times in the future.
KuCoin (KCS) – declining but still could see better days
The cryptocurrency exchange with the same name, KuCoin (KCS), has its native crypto coin. Holders of the token receive a share of the profits generated by the KuCoin exchange since it is anchored on that platform. Holders of KuCoin (KCS) can also take advantage of benefits like minimal trade costs and efficient customer service.
The value of KuCoin (KCS) is derived from the exchange, which is ranked fifth in terms of the trading volume. With a market value of $880 million, KuCoin (KCS) is a formidable cryptocurrency. To increase the portfolios of its Defi, NFT, and play-to-earn games, KuCoin (KCS) just secured $150 million.
Due to its stability since its introduction in 2017 and the exchange’s growth aspirations, the coin could be a viable option for long-term investors.
Flasko (FLSK) – future looks bright for this protocol
A brand-new cryptocurrency that has just entered the market, Flasko (FLSK), is currently undergoing a pre-sale, and the Flasko token is priced at only $0.025. Investors can invest in high-end, luxury whiskeys, wines, and champagne. It is an exciting project that could do very well soon as it introduces the growing alternative investments industry to cryptocurrency investors and users.
Flasko will utilize its launchpad to onboard luxury beverage start-ups giving them access to their community and marketing expertise whilst providing benefits to its users and investors such as first-access to their partner’s new products, as well as discounts when ordering from their partners.
Token stakers will receive a portion of the platform revenue, and investors will be able to tap into the increasing $13.4 trillion alternative-investments industry. This unique concept of investing and trading on the Flasko (FLSK) platform in alternative specialized markets for rare whiskeys, wines, and champagne has attracted the attention of several crypto analysts. We believe that Flasko is worth checking out!